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EIN 23-6779271

Arete Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
Philadelphia
State
Pennsylvania
Year formed
1986
Most recent tax filings
2022-11-01
NTEE code, primary
T20: Private Foundations
Description
The Arete Foundation is a private foundation located in Philadelphia, PA. Its purpose is to make contributions to tax exempt charitable organizations. Grantees include See Attachev Suhevulc.
Total revenues
$6,934,017
2022
Total expenses
$12,479,949
2022
Total assets
$52,988,507
2022
Num. employees
n/a

Program areas at Arete Foundation

Contributions to tax exempt educational organizations (24)
Contributions to tax exempt charitable organizations (18)
Contributions to tax exempt religious organizations (3)

Grants made by Arete Foundation

GranteeGrant descriptionAmount
Metropolitan Opera AssociationCharitablesupport for Phase Iii Campaign for the Met: Securing the Future; Fy 21 Unrestricted Gift; Met Stars Concert$1,683,000
Metropolitan Museum of ArtEducationalsupport for Chairman's Council 2019-2020; Emergency Relief Fund, Internships, Deia Strategic Plan and Women and the Critical Eye Program$895,000
University of Pennsylvania (Penn)Educationalsupport for Arete Gordon Expedition Fund; Penn Lectures World Term Fund Adn World Endowed Fund$543,000
...and 12 more grants made

Personnel at Arete Foundation

NameTitleCompensation
Donna ZanghiChief Financial Officer
Sue TaylorExecutive Director$135,154
Corey CannonPast Chief Financial Officer$107,769
Jeffrey BrotmanVice - President , As R$112,179

Financials for Arete Foundation

RevenuesFYE 11/2022
Total grants, contributions, etc.$2,285,000
Investment income and dividends$1,554,231
Net rental income$0
Net gain from sale of non-inventory assets$2,993,853
Gross sales of inventory$0
Miscellaneous revenues$100,933
Total revenues$6,934,017

Form 990s for Arete Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-112023-10-13990PFView PDF
2021-112022-10-17990PFView PDF
2020-112022-05-11990PFView PDF
2019-112021-02-12990PFView PDF
2018-112019-12-02990PFView PDF
...and 6 more Form 990s

Organizations like Arete Foundation

OrganizationLocationRevenue
Yarborough FoundationMidland, TX$1,917,993
Hardenbergh FoundationSaint Paul, MN$6,270,558
Morian FoundationHouston, TX$2,053,825
The Ellen M Violett and Mary PR Thomas FoundationNew York, NY$5,018,300
The MC Cutchen FoundationBrunswick, MD$3,354,069
The Goldsbury FoundationSan Antonio, TX$5,078,761
Wise FoundationMarshall, VA$1,794,469
The Kelin FoundationAtlanta, GA$5,458,138
Clark Family FoundationNaples, FL$3,255,928
The James J and Joan A Gardner Family FoundationCincinnati, OH$14,231,664
Data update history
August 17, 2023
Posted financials
Added Form 990PF for fiscal year 2021
August 13, 2023
Posted financials
Added Form 990PF for fiscal year 2020
May 24, 2023
Updated personnel
Identified 4 new personnel
May 13, 2023
Used new vendors
Identified 1 new vendor, including
August 18, 2021
Posted financials
Added Form 990PF for fiscal year 2019
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donations
General information
Address
1845 Walnut St 1111
Philadelphia, PA 19103
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Phone
(215) 717-3344
IRS details
EIN
23-6779271
Fiscal year end
November
Taxreturn type
Form 990-PF
Year formed
1986
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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